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- LoopNet Team
906 Union St
Brooklyn, NY 11215
Land For Sale
·
0.16 AC
INVESTMENT HIGHLIGHTS
- The property is just steps away from Prospect Park.
- Three blocks from the Grand Army Plaza Station.
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Residential | Total Lot Size | 0.16 AC |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.16 AC |
DESCRIPTION
The subject property is an approximately 20,250 square foot development site located on the south side of Union Street between 8th Avenue and Prospect Park West. The R7B zoning provides for approximately 20,250 buildable square feet, allowing a developer to either construct a new rental or condominium building in a market where demand continues to surge. A developer also has the option to take advantage of the site’s current use as a garage in order to generate substantial income during the approval process and planning phases of a new development.
PROPERTY TAXES
| Parcel Number | 01066-0024 | Improvements Assessment | $2,363,400 |
| Land Assessment | $161,100 | Total Assessment | $2,524,500 |
PROPERTY TAXES
